Are Analysts Bullish about Axalta Coating Systems Ltd. (NYSE:AXTA) after last week?

October 13, 2018 - By Peter Kolinski

Axalta Coating Systems Ltd. (NYSE:AXTA) Ratings Coverage

Among 8 analysts covering Axalta Coating Systems (NYSE:AXTA), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Axalta Coating Systems had 10 analyst reports since April 17, 2018 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $28 target in Thursday, October 11 report. The stock of Axalta Coating Systems Ltd. (NYSE:AXTA) earned “Overweight” rating by JP Morgan on Friday, July 27. The company was maintained on Wednesday, April 25 by BMO Capital Markets. The company was maintained on Thursday, April 26 by JP Morgan. Seaport Global downgraded the stock to “Hold” rating in Tuesday, April 17 report. J.P. Morgan downgraded Axalta Coating Systems Ltd. (NYSE:AXTA) on Wednesday, May 30 to “Hold” rating. Nomura maintained it with “Neutral” rating and $34 target in Wednesday, July 11 report. Bank of America upgraded the shares of AXTA in report on Friday, April 27 to “Hold” rating. The company was maintained on Friday, July 27 by KeyBanc Capital Markets. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, May 30. Below is a list of Axalta Coating Systems Ltd. (NYSE:AXTA) latest ratings and price target changes.

11/10/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $33 New Target: $28 Maintain
27/07/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $38 New Target: $36 Maintain
27/07/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
11/07/2018 Broker: Nomura Old Rating: Neutral New Rating: Neutral Old Target: $35 New Target: $34 Maintain
30/05/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $33 Downgrade
30/05/2018 Broker: J.P. Morgan Rating: Hold New Target: $33.0000 Downgrade
27/04/2018 Broker: Bank of America Rating: Hold New Target: $35.0000 Upgrade
26/04/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $32 New Target: $33 Maintain
25/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $34.0000 Maintain
17/04/2018 Broker: Seaport Global Rating: Hold New Target: $36.0000 Downgrade

The stock decreased 1.12% or $0.29 during the last trading session, reaching $25.57. About 2.52M shares traded or 2.03% up from the average. Axalta Coating Systems Ltd. (NYSE:AXTA) has risen 0.31% since October 13, 2017 and is uptrending. It has underperformed by 15.31% the S&P500.

Axalta Coating Systems Ltd., through its subsidiaries, makes, markets, and distributes coatings primarily for the transportation industry. The company has market cap of $6.15 billion. It operates through two divisions, Performance Coatings and Transportation Coatings. It has a 45.74 P/E ratio. The Performance Coatings segment offers various water and solvent borne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment maker dealership body shops.

More important recent Axalta Coating Systems Ltd. (NYSE:AXTA) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Axalta Coating Systems …” on October 11, 2018, also Prnewswire.com published article titled: “Axalta Industrial Wood Leader Presented at America Coating Association’s 2018 Fall Meetings”, Prnewswire.com published: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Axalta Coating Systems Ltd …” on October 09, 2018. More interesting news about Axalta Coating Systems Ltd. (NYSE:AXTA) was released by: Gurufocus.com and their article: “Warren Buffett’s Stocks Near 52-Week Lows Include Wells Fargo, Goldman Sachs” with publication date: October 03, 2018.

Axalta Coating Systems Ltd. (NYSE:AXTA) Ratings Chart

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